The US light vehicle market is expect to grow modestly again this year and perhaps peak sometime in the
future at 18 million, but this healthy-sounding scenario masks a cloud hanging over the domestic industry; the
plummeting Yen and the damage it might inflict on the likes of Ford, General Motors and Chrysler.
LMC Automotive analyst Jeff Schuster, in a report, said US demand is expected to grow five per cent in
2014 to 16.4 million.
Schuster expects the recovery to level off before shifting to what he calls “more natural
But Morgan Stanley analyst Adam Jonas said the weakening Japanese Yen is likely to cause
havoc amongst US manufacturers...more
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